40+ Year Window Treatment Sales and Service Business, Great Reputation

Reno, NV (Washoe County)

Seller Financing Available
40+ Year Window Treatment Sales and Service Business, Great Reputation
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Asking Price: $150,000

Cash Flow: $60,001

Gross Revenue: $250,001

EBITDA: N/A

FF&E: $121,838

Inventory: N/A

Rent: $1,675 /Month

Established: 1975

40+ Year Window Treatment Sales and Service Business, Great Reputation

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Business Description

This well-established window treatment business has been serving Northern Nevada for over four decades and has an outstanding reputation in the industry. Owner offers professional measurement, installation, and repair of virtually any desired window treatment. High-end, award-winning showroom features top-of-the-line custom shutters, blinds, and shades in a variety of styles and materials. Long-term relationships with vendors and product manufacturers have allowed the Seller to offer the top six brands in the country at competitive pricing. (Brands include Hunter Douglas, Lafayette, Norman, Alta, Skandia, and Graber.) A great benefit to owning this business are the recurring, multiple streams of revenue. Generations of satisfied customers, referrals, new clients, and many of the home developers in the area turn to this company for their complete window treatment needs. Seller spends very little on advertising and enjoys excellent visibility on Yelp, an easy-to-navigate website, and via word-of-mouth. Northern Nevada is currently undergoing unprecedented residential and business growth, and the target market for this industry's services will only continue to expand. If the Buyers were a couple, or two partners that could split Sales and Install Work, the increase in revenue would be profound. Additionally, a Buyer who understands Internet marketing has the ability to dramatically increase the company's visibility. Opening the showroom full-time would be a huge draw as well. Owning this business will allow a Buyer to earn a good living while making his/her own schedule. Seller currently has to turn away ladder work due to health reasons. He has represented that the business's recent performance is a reflection of him working less, not a reflection of the market opportunities or the business's capabilities. Buyer will step in and immediately enjoy growth and profitability by taking on accounts Seller has had to turn down. The sale includes a van and all equipment necessary to operate the business. Seller is willing to train Buyer for up to a month in the showroom without pay, and is open to a consulting agreement for installation services to assist a Buyer new to the business.

Detailed Information

Real Estate:
Leased
Building SF:
1,800
Lease Expiration:
3/10/2020
Employees:
0
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
An award-winning, centrally-located, 1,200 sf showroom features dozens of full-sized displays of unique window coverings from quality manufacturers. A 550 sf workshop is connected to the showroom in the rear of the building.
Competition:
This reputable window treatment business has outlasted most of its competition over the last 40 years through experience and excellent customer service. They've always provided the highest quality window fashions from leading manufactures. Their centrally-located showroom offers the perfect environment for meeting any client's window treatment needs. Lots of repeat business through loyal customers, referrals, and word-of-mouth advertising.
Growth & Expansion:
The economy in Northern Nevada is thriving. New home building is creating a market boom for window treatments. A new Owner can partner with home builders and market to the thousands of residents relocating to the area. A stronger Internet presence would drive more prospective customers to the award-winning showroom, which, once they see it, is a definite closer! This business would rapidly expand with two people working it—one in Sales and the other in Installation.
Financing:
$60,000 down payment
Support & Training:
One month in the showroom; negotiable contract for installation.
Reason for Selling:
Health
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(from currently available funds)
 
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Bradley Bottoset

Business Listed By:
The Liberty Group of Nevada

The Liberty Group of Nevada

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